IDB pledges the availability of US$85 million in grants and expects to leverage US$1.1 billion in investment loans from 2020 and beyond
The Inter-American Development Bank announced today that it has renewed its commitment to support Latin American and Caribbean migrants and their host communities amid the COVID-19 pandemic.

The Inter-American Development Bank (IDB) has approved a US$750,000 (TT$5.1 million) grant to support the Caribbean Public Health Agency (CARPHA) in the coordination of the regional health response to the coronavirus (COVID-19) pandemic. The grant is being financed by the IDB Japan Special Fund which was first established in 1988 by the Government of Japan to foster social and economic growth throughout the IDB’s borrowing member countries.

Funds will increase capacity of national healthcare system, with focus on hard-hit Guayas province
The Inter-American Development Bank (IDB) has disbursed approximately $25.3 million to the government of Ecuador to strengthen its healthcare services and help meet the medical needs of individuals affected by COVID-19, the disease caused by the novel coronavirus.
The funds will be used primarily to prepare intensive-care-unit beds in 28 hospitals and provide protective gear for medical staff in Guayas province.

Initially planned funding of US$1.1 billion surges to US$2.8 billion to confront the coronavirus crisis
The Inter-American Development Bank (IDB) has made available to the countries of Central America and the Dominican Republic nearly US$1.7 billion in additional funding for 2020 to confront the COVID-19 pandemic.

The Group will finance a response to the public health emergency; safety nets for vulnerable populations; economic productivity and employment; and fiscal policies to ameliorate economic impacts.
The Inter-American Development Bank and IDB Invest have outlined their focus for deploying the financial and technical resources made available to borrowing member countries and companies to address the crisis created by COVID-19, the disease caused by the coronavirus.

Latin America and the Caribbean (LAC) need to strengthen governance and integrity mechanisms to improve the quality and implementation of public policies, reduce corruption and increase public trust in government, according to the third edition of Government at a Glance: Latin America and the Caribbean 2020.

Ecuador is the first country to receive funds from the IDB's new Migration Initiative to support countries that take in migrants
Ecuador will strengthen its social services in the areas of health, education and social protection for at-risk communities in several high-priority cities following approval of an Inter-American Development Bank project. It is the first operation approved under a new modality that includes grant money to help cities that take in migrants.

Washington, D.C. — The Inter-American Development Bank Group together with MIT Solve launch an Open Innovation Challenge that seeks to find the most innovative solutions that substantially reduce or eliminate single-use plastic and plastic waste in Latin America and the Caribbean. The Rethink Plastics Challenge offers the selected solutions prizes totaling 60,000 USD.

The winning IDB-financed project developed a new solution to monitor public infrastructure works and to empower citizens to evaluate the use of public resources in Honduras.
WASHINGTON D.C., September 12, 2019. The Inter-American Development Bank (IDB) announced the winner of the Superheroes of Development contest, an award given to executing agencies that have successfully implemented innovative solutions in projects financed by the IDB.